Fordham Preparatory School - Ramview Ramview Winter 2018 | Page 24

2017 How It Helps Prep Students A Brief Reflection The Board of Trustees and school administration consider the Prep’s endowment its financial bedrock. It is actually a composite of many individual endowed funds that have been donated to the school over the years by families, individual benefactors and a number of foundations. These funds provide overall security to the school’s existence and operation by underwriting the costs of each student’s education either directly or indirectly. • If you are able, would you endow a specific fund to support the continued enhancement of tuition assistance in the school? When St. Ignatius Loyola agreed to found Jesuit high schools in 16th century Europe, he prohibited them from charging tuition so that they could serve the rich and poor alike. Today, the complex demands of our economy require our families to pay tuition. Dispite tuition increases, it still cannot cover Prep costs. Generations of families have made substantial sacrifices in order to give their sons an education grounded in the Ignatian tradition. An increased endowment is essential in order to keep our tuition within the financial reach of families. The primary objective of our endowment is to enable Fordham Prep to enroll and sustain capable, motivated students who otherwise might not be able to afford a Fordham Prep education. The Prep’s success and continued strong academic and overall ranking rely on your extraordinary and ongoing private support. On a smaller scale, certain funds from the endowment have been dedicated for use for technology upgrades, religious formation, cultural opportunities, faculty professional development, field trips, student programs, athletics, and student prizes and awards. An Opportunity to Lead Fordham Prep is asking the generous in spirit to create the foundation necessary for the next 175 years of Prep history. We have the opportunity to forge and to participate in a new era of generosity. This era will not only provide for the here and now, but for many years to come. Will you be one of the Prep’s new leaders? Please call or come to talk with us in person. Your participation will affect the lives of many current and future Prep students—and may well affect your own in positive ways hardly imagined. 24 Increasing our ability to provide additional financial assistance will directly impact current and future students and their families. We would be able to attract students whose family incomes preclude them from even considering Fordham Prep as an educational option. • If you are able, would you endow a specific fund to support the continued enhancement of technology in the school? A source of permanent funding to help the Prep keep abreast of ever-changing developments in technology would serve an important need. • If you are able, would you endow a special fund to further the professional development of faculty members (e.g., attendance at workshops, conferences, etc.)? Our dedicated faculty is our greatest natural resource. Investing in their pedagogical skills, knowledge base and exposure to new curricular developments advances the school as a whole. Today, all of us at the Prep are indebted, in one form or another, to the generous and forward-thinking men, women and families who preceded us. These are the people who have made Fordham Prep possible today. Will you step forward to make Fordham Prep possible for tomorrow? Will you help secure our future?